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Stock impact report

Recharge Resources Enters Agreement to Sell Pocitos Lithium Brine Project to Refocus on North American Portfolio [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
the Company has entered into an agreement with American Salars Lithium Inc. ("American Salars") (CSE:USLI) to sell its 100% interest in the Pocitos 1 Lithium Brine Project ("Pocitos 1") in Salta, Argentina. The terms of the transaction are outlined below ("the Transaction"). The Company will refocus its attention on its North American assets including its Brussels Creek Gold project in BC, adjacent to New Gold's ($2.15 Billion Market Cap) New Afton Mine, the Pinchi Lake Project (currently under option to Ranchero Resources Ltd.), and its Georgia Lake Lithium Project in Ontario as well as look to identify projects across North American with a focus on the energy metals and precious metals markets including Copper, Gold and Uranium. About Brussels Creek Project (the " Brussels Creek Project The BC property is an early-stage exploration property, located approximately 24 kilometres west of Kamloops, and is immediately adjacent to New Gold's New Afton mine. The Brussels Creek Projec Show less Read more
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